Patel Integrated Logistics Limited has officially incorporated House of Patels Limited as its wholly owned subsidiary on January 06, 2026. The company announced this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the Certificate of Incorporation issued by the Ministry of Corporate Affairs, Government of India.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under SEBI regulations, informing both BSE Limited and National Stock Exchange of India Limited about the subsidiary incorporation. The announcement was made in accordance with SEBI Master Circular and related circulars governing such corporate developments.

Business Operations and Industry Focus

House of Patels Limited will operate across three strategic business verticals that align with the parent company's operational expertise. The subsidiary's business activities will encompass logistics, real estate, and facility management sectors.

Strategic Positioning and Capital Structure

The newly incorporated subsidiary will commence operations with initial capital provided in cash form by the parent company. Patel Integrated Logistics Limited maintains complete ownership with 100% of the paid-up share capital of House of Patels Limited. The subsidiary is positioned to leverage Mumbai's strategic commercial location for expanding business opportunities across its three operational verticals.

The incorporation represents a formal expansion of Patel Integrated Logistics Limited's business scope while maintaining operational synergies across logistics, real estate, and facility management services. The subsidiary has yet to commence business operations following its recent incorporation.

Patel Integrated Logistics Limited has filed a disclosure under SEBI Regulation 29(2) regarding the substantial acquisition of 30,000 equity shares by its promoter group. The transaction was completed on December 31, 2025, through an open market purchase.

Transaction Details

The acquisition was made by Mr. Asgar Shakoor Patel, who is part of the promoter group. The shares were purchased through open market transactions, representing a strategic move to increase the promoter group's stake in the company.

Promoter Group Holdings

The promoter group comprises multiple entities including family members, trusts, and associated companies. The extensive promoter group includes Mr. Asgar Patel, Mrs. Yasmin Patel, Mrs. Natasha Pillai, along with corporate entities such as Patel Holdings Ltd, A.S. Patel Trust, Wall Street Securities & Investments (India) Ltd, and several family beneficiary trusts.

Company Share Capital Structure

Patel Integrated Logistics Limited maintains a stable equity structure with no changes to the overall share capital following this transaction. The company's shares are listed on multiple exchanges including BSE Ltd, National Stock Exchange of India Ltd, and The Calcutta Stock Exchange Association Ltd.

Regulatory Compliance

The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction does not involve any voting rights other than equity shares, warrants, convertible securities, or share encumbrances. The promoter group continues to maintain significant control over the company with no dilution of the overall share capital structure.